Yearly Archives: 2010
Ex-Farallon Capital Manager Said to Plan Third Asia PE Fund
Bloomberg – Quvat Management Pte, run by a former executive of Farallon Capital Management LLC’s Indonesian affiliate, is raising its third private-equity fund focusing on Southeast Asia, said three people with knowledge of the matter. The Singapore-based firm, led by […]
Hedge Funds Turn Bullish On Equities
WSJ – Hedge funds have embarked on a buying spree of equities for the first time since before the Greek sovereign debt crisis, lured in by rising equity markets and lower volatility. Hedge funds became net buyers of equities–meaning that […]
College Kid Who Wants To Start A Hedge Fund Before Graduation Says He Once Made $120K On A Trade
Business Insider – In a sign that hedge funds might be going pop culture now, a successful young college student wants to start a hedge fund before he graduates. This is worrisome. In an interview with a Singapore paper, TodayOnline, […]
F&C rejects ‘bully’ tag in hedge fund court case
Reuters – F&C Asset Management has rejected accusations of bullying made by a hedge fund manager on Monday in a high court battle over a hedge fund joint venture laid low during the credit crisis. F&C has gone to court […]
Goldman Sachs, Morgan Stanley Have $20 Billion in Fund Stakes
Bloomberg – Goldman Sachs Group Inc. and Morgan Stanley have invested almost $20 billion of their own money in private-equity, private-debt, real-estate and hedge funds, meaning they may each have to cut those stakes by more than 60 percent to […]
Italy Hedge Fund Stars, Chefs Lured by Malta Climate
Bloomberg – When money manager Simone Chelini left his Milan job last year to seek a hedge fund-friendly country, he rejected some obvious locations. “Luxembourg? Grey, flights are expensive. Ireland? Always rains.” Instead, Chelini and his colleague Pietropaolo Rinaldi followed […]
Hennessee: Hedge Fund Advance +1.91% In July
New York (HedgeCo.net) – Hedge funds that invest in distressed assets rebounded and posted increases in July after two straight months of declines, according to Hennessee Group. The Hennessee Hedge Fund Index advanced +1.91% in July (+1.86% YTD), while the […]
Next Frontier Of ETF Investing: Long/Short Trades
ETF DB – There is no denying that the ETF boom is in full swing, as billions of dollars continue to flow into the industry every month despite a difficult economic environment. As individual investors and advisors alike become more […]
Icahn Wagered $1 Billion on Energy Stocks During BP Oil Spill
Bloomberg – Financier Carl Icahn disclosed that his hedge funds invested almost $1 billion in energy stocks during the second quarter as they were pummeled by declining crude prices and the worst oil spill in U.S. history. Icahn plowed about […]
UCITS Hedge Fund Strategy Index up 0.22%
New York (Hedgeco.net) – The UCITS HFS Index gained 0.22% in the first week of trading in August 2010 (by business day 5, August 6th 2010). Out of the eleven strategies five performed negative, Currency (-0.49%), Credit (-0.38%) and Global […]